Piper Sandler analyst Mark Lear maintains $Coterra Energy (CTRA.US)$ with a buy rating, and adjusts the target price from $31 to $32.
According to TipRanks data, the analyst has a success rate of 51.0% and a total average return of 6.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Coterra Energy (CTRA.US)$'s main analysts recently are as follows:
Coterra Energy remains proficient both operationally and financially, yet seems to consistently undermine its successes with its communication approach regarding mergers and acquisitions. The company unexpectedly responded to an unasked question during their Q3 report, outlining scenarios that might compel them to extend beyond their usual parameters in terms of acquisitions.
Coterra Energy has reported another quarter of robust operational performance, surpassing both its own forecasts and market expectations concerning oil and total production volumes, while also managing to reduce capital expenditure.
Note:
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